An asset. The term cost is often used when referring to the valuation of acquired property. When it is used in this sense, a cost is an asset.
Concepts of cost and expense are often used interchangeably. When the benefits of the acquisition of a building expires, the cost becomes an expense called depreciation.
The sacrifice, measured by the price paid, to acquire real estate.
Same as term appraisal: Valuation assessment of real property by an expert third party for the following purposes:
developing a realistic market price.
setting a market value at the time ...
Large, high-volume food store where customers serve themselves by going through the aisles and selecting their groceries to be paid at the cash register on the way out. ...
Various governmental restrictions and controls placed upon land use in a given jurisdictional area. Land use regulations include zoning and building ordinances, housing codes, and ...
Real rate of interest on a loan. It is the coupon rate divided by the net proceeds of the loan. Assume Sharon
took out a $1,000,000, on year, 10% discounted loan to buy real estate. The ...
Clause inserted into a commercial lease by a mortgagee stating the lessee's current lease will not be terminated if there is a foreclosure action against the landlord for the failure to ...
Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...
To answer this question, let’s analyze the real estate market of Scottsdale a little bit. You probably have already done some research yourself so let’s see if we reach the same ...
Boca Raton is a town located in Palm Beach County, South Florida with an estimated population of 99,224 according to the most recent United States census done in 2019. The city of Boca ...
Yes, you can use two realtors® to sell your house. Actually, more than two. You can use how many you’d like.
It’s what is called an Open Listing. In it, the home seller ...
Falling behind on your payments is a significant issue for many homeowners. Not every unpaid bill leads to foreclosure, especially if there is no lien on your house. If you have a mortgage ...
When considering the durability of any wooden structure, one can simply look towards the Asian continent, specifically China. Aside from the Tiananmen Square, also known as the Forbidden ...
The county seat of Sarasota County is the city of Sarasota FL and it is located in Southwest Florida. Sarasota FL is considered by many to be a great place to live and there are a number of ...
There are a lot of reasons you might be thinking of moving to Estero FL. Maybe it’s the low crime rates that make you feel safe and secure when thinking of living here. Maybe ...
Find this charming town in Chemung County and the metropolitan statistical area of Elmira, New York! Elmira offers its visitors quaint, unstressful, and calm suburban vibes. The population ...
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